There is a newer version
of
this Section
2021 California Code
Insurance Code - INS
DIVISION 2 - CLASSES OF INSURANCE
PART 6 - INSURANCE COVERING LAND
CHAPTER 1 - Title Insurance
ARTICLE 2 - Title Insurers; Capital and Guarantee Fund Requirements
Section 12355.
Universal Citation:
CA Ins Code § 12355 (2021)
Learn more
This media-neutral citation is based
on the American Association of Law Libraries Universal Citation Guide and is not
necessarily the official citation.
12355.
Except on withdrawal of the insurer from this State, or substitution pursuant to section 12353, assets in the deposit in this State shall be subject to final sale, transfer, and disposal of the proceeds thereof by the commissioner only on the order of a court of competent jurisdiction and for the security and protection of the holders of, or beneficiaries under, the depositing insurers title insurance policies.
(Amended by Stats. 1935, Ch. 292.)
Disclaimer: These codes may not be the most recent version. California may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
This site is protected by reCAPTCHA and the Google
Privacy Policy and
Terms of Service apply.
